Dreamworks Holding Onto HD-DVD

DreamWorks Animation said yesterday it still had an exclusive deal with Toshiba to distribute its movies on HD DVD, and until Toshiba gave it the go-ahead, it would not begin offering movies in Blu-ray reports Beta News.

DreamWorks’ and Paramount’s exclusivity with HD DVD was scheduled to last until February 2009, and violating that agreement — even with Toshiba ending production of HD DVD players — could affect any payment the studios were slated to receive.

DreamWorks will be releasing “Bee Movie” in March on HD DVD.